secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001564590-23-001614
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management Q4 adj EPS $0.54; declares $0.30 dividend; portfolio grows 19% YoY
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- GAAP net income $2.4M ($0.25 EPS); adjusted net income $5.0M ($0.54 EPS). Revenue $132.0M, +10.5% YoY.
- Net finance receivables $1.70B, +19.2% YoY; large loans 71.1% of total portfolio.
- 30+ day contractual delinquencies 7.1% as of Dec 31, 2022, down 10bps from Sep 30 but up 10bps from Dec 2019.
- Provision for credit losses $60.8M, +96% YoY; included $11.8M reserve reduction from NPL sale and $9.1M for portfolio growth.
- Board declared $0.30 per share quarterly dividend, payable March 15, 2023 to holders of record Feb 22, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/0001564590-23-001614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/rm-8k_20230202.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-001614

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